Tele2 appoints Allison Kirkby as its new CFO

Tele2 appointed Allison Kirkby as its new chief financial officer, to replace Lars Nilsson who is leaving after seven years at the Sweden-based operator.

The appointment comes as Tele2 repositions itself across a number of markets following its recent failure to win LTE spectrum in Norway. The company is already in the process of evaluating a number of strategic opportunities for its Norwegian operations, and recently appointed former Virgin Media marketing chief Jeff Dodds as the new CEO of its Netherlands-based unit.

Tele2 CEO Mats Granryd told Reuters there was no connection between Nilsson's departure and the situation in Norway. The future of Tele2 Norway has been up in the air since the company failed to win an LTE licence and additional 3G spectrum during an auction in December.

Kirkby will take up the post on May 1, 2014. Her most recent position was CFO for British television production and distribution company Shine Group, owned by 21st Century Fox.

Kirkby said she was attracted to the role because of Tele2's "challenger spirit" and its "will to do bold and different things", adding. "I believe that my financial and operational experiences from several different companies and industries will be a strong asset in the further development of Tele2."

In February, Granryd promised to "remove uncertainty" surrounding Tele2's business in 2014, after net income fell by a third in 2013.

For more:
- see this Tele2 release
- see this Reuters article

Related Articles:
Tele2 mulls Norway exit after auction washout
Tele2 Netherlands picks former Virgin Media marketing expert as CEO
Tele2 chief promises clarity on future after profit falls by a third
Norway raises €212M from auction, names backer of Telco Data
Tele2 loses out in Norway auction

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